AGRATIO: what changed
AGRATIO
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€63,987
down €63,987 (-74.6%), from €85,812 to €21,825
mainly Current investments (-€80,000) and Trade debts (-€845)
- Tangible fixed assets -€4,725
down €4,725 (-33.0%), from €14,305 to €9,580
of which Furniture and vehicles: -€3,305
- Reserves +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Profit (loss) carried forward -€15,657
down €15,657 (-71.0%), from €22,038 to €6,381
- Other debts +€7,255
up €7,255 (+12.2%), from €59,361 to €66,616
- Gross operating margin -€3,868
down €3,868 (-25.3%), from €15,316 to €11,448
- Financial income +€744
new in 2025: €744
- Depreciation +€665
up €665 (+16.4%), from €4,059 to €4,725
- Taxes -€664
down €664 (-22.9%), from €2,901 to €2,237
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,097 | €137,748 | +€10,651 | +8.4% |
| Fixed assets | 21/28 | €14,305 | €9,580 | -€4,725 | -33.0% |
| Tangible fixed assets | 22/27 | €14,305 | €9,580 | -€4,725 | -33.0% |
| Plant, machinery and equipment | 23 | €3,693 | €2,274 | -€1,420 | -38.4% |
| Furniture and vehicles | 24 | €10,612 | €7,307 | -€3,305 | -31.1% |
| Current assets | 29/58 | €112,792 | €128,168 | +€15,376 | +13.6% |
| Amounts receivable within one year | 40/41 | €26,980 | €26,328 | -€652 | -2.4% |
| Trade receivables | 40 | €21,780 | €20,328 | -€1,452 | -6.7% |
| Other amounts receivable | 41 | €5,200 | €6,000 | +€800 | +15.4% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €85,812 | €21,825 | -€63,987 | -74.6% |
| Deferred charges and accrued income | 490/1 | - | €15 | +€15 | |
| Total equity and liabilities | 10/49 | €127,097 | €137,748 | +€10,651 | +8.4% |
| Equity | 10/15 | €57,038 | €61,381 | +€4,343 | +7.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Distributable reserves | 133 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Profit (loss) carried forward | 14 | €22,038 | €6,381 | -€15,657 | -71.0% |
| Amounts payable | 17/49 | €70,059 | €76,368 | +€6,308 | +9.0% |
| Amounts payable within one year | 42/48 | €70,059 | €76,368 | +€6,308 | +9.0% |
| Trade debts | 44 | €7,054 | €6,209 | -€845 | -12.0% |
| Suppliers | 440/4 | €7,054 | €6,209 | -€845 | -12.0% |
| Taxes, remuneration and social security | 45 | €3,645 | €3,543 | -€102 | -2.8% |
| Taxes | 450/3 | €3,645 | €3,543 | -€102 | -2.8% |
| Other amounts payable | 47/48 | €59,361 | €66,616 | +€7,255 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,059 | €4,725 | +€665 | +16.4% |
| Other operating charges | 640/8 | €658 | €730 | +€72 | +10.9% |
| Gross operating margin | 9900 | €15,316 | €11,448 | -€3,868 | -25.3% |
| Operating profit (loss) | 9901 | €10,599 | €5,994 | -€4,605 | -43.4% |
| Financial income | 75/76B | - | €744 | +€744 | |
| Recurring financial income | 75 | - | €744 | +€744 | |
| Financial charges | 65/66B | €111 | €158 | +€47 | +42.6% |
| Recurring financial charges | 65 | €111 | €158 | +€47 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €10,488 | €6,580 | -€3,908 | -37.3% |
| Income taxes | 67/77 | €2,901 | €2,237 | -€664 | -22.9% |
| Profit (loss) for the period | 9904 | €7,587 | €4,343 | -€3,244 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,587 | €4,343 | -€3,244 | -42.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.